imagine a software startup raising $800m before their first dollar of revenue. Can’t imagine it the last two decades of software has been dominated by a simple theory: ship quickly, get customers early, generate revenue quickly to validate PMF, manage KPIs closely, etc. This became the dominant theory over all others The next decade is going to have a long wave of hardware/robotics/deeptech/etc that will have a dramatically different profile. We’ll need a very different set of assumptions…